Sudan's economy is heading for collapse

It is obvious that the country’s economy is heading for collapse, if no reforms are introduced. However, it seems that the government realizes this fact but it fears that the reforms needed to avert the collapse might lead to the end of their regime. So that it, from time to time, circumvents this matter by applying and implementing futile and fruitless economic policies, including the economic liberation policy, lifting subsidies on fuel and a managed float of the foreign exchange rate. The latter, according to many analysts and economists, would even lead to higher prices in the black market.

Member of the financial affairs committee in Parliament, Al-shiekh Almak, was quoted by The Citizen yesterday as cautioning against floating the dollar as customs exchange rates may double. The MP repeated his alert to the finance minister against the withdrawal of fuel subsidies, pointing out that the move could prove to be the government’s undoing. Being its main consumer, the government will bear the biggest brunt of rising fuel prices.

The government should take serious austerity measures on all governmental bodies because the cost of running the government is too high and cannot be afford it anymore.

Such economic failures are directly hurting and affecting both ordinary citizens and business owners, where the prices for stables in the market have rocketed.

People are now struggling to buy basic commodities and foodstuffs. It seems that the country is sliding into a whirlpool of daily crises, which is evident when we go to the market and see how the prices have spiraled in 24 hours.

If you go to buy something, you just find that its price increased by 5 percent from yesterday, and when you come the next day, the price will shoot up again, and while prices keep going up individuals' income hasn't changed.

Meanwhile, some shopkeepers fear that their business is about to collapse for the lack of customers, whereas now they sit in their shops day after day with no sale movement.  And the customers just have a look and leave because they are no longer able to buy with these spiraling prices. And if the market continues going this way, they will have to close their shops because they cannot pay the rent or the taxes the government imposes on them.